Just days after sparking widespread reactions with his comments that Nigerian languages were “useless,” Peter Okoye, popularly known as Mr P, has continued to dominate conversations. This time, it’s about shedding more light on the family feud that has kept him at odds with his twin brother, Paul Okoye, better known as Rudeboy.
The latest revelations come as the second part of a personal account Mr P promised to share after expressing disappointment that his brother publicly reacted to the language controversy instead of standing by him.
The singer had come under heavy criticism over his remarks about indigenous languages. While many Nigerians debated his comments online, Rudeboy appeared to weigh in with a post many interpreted as a subtle response. He wrote on X:
“100% proudly Igbo. 100% proudly Nigerian. I’m a ‘nobody’, I repeat!! A nobody!!, without the culture, native language. 100% proudly Nigerian. 100% proudly Igbo.”
Mr P later apologised for his comments on Nigerian languages but admitted he was hurt that his twin brother had chosen that moment to make what he described as another attempt to pull him down publicly.
He then promised to explain the real reason behind their long-running disagreement.
That promise led to Part One of his story, released on July 30, where he claimed the much-celebrated 2021 P-Square reunion was never genuine.
On August 1, he returned with Part Two, offering even more details about what he said happened behind closed doors after the brothers reunited and why, according to him, the relationship began falling apart almost immediately.
From Brothers Again But Not P-Square
In Part One, Mr P explained that the reunion began after he returned to Nigeria from Atlanta and learnt that Paul had apologised and wanted forgiveness.
He recalled trying unsuccessfully to reach his brother before discovering that Paul had visited his home around 4 a.m. while he was still away.
“My wife came back and held me and told me that Paul came to the house at 4 a.m. and was scared. She recorded the situation. She said Paul kept saying he was tired,” he said.
Believing his brother had genuinely sought reconciliation, Mr P said he decided to take the next step.
“I was told that since Paul had made the first move, I should make the second move. I walked to Paul and we hugged.”
However, despite the emotional reunion, he insisted his goal was never to revive P-Square.
“I told him we are back as brothers, but I am not part of P-Square.”
According to him, that difference in expectations became the first major problem.
The Meeting That Changed Everything
For many Nigerians, the 2021 reunion of P-Square appeared to mark the end of years of public disagreements between twin brothers Peter Okoye (Mr P) and Paul Okoye (Rudeboy).
Fans celebrated the emotional embrace between the brothers, believing they had finally put the past behind them.
But in the second part of his personal account released on August 1, Mr P claimed the cracks in that reunion became visible almost immediately.
According to him, the very next day after they reconciled, Paul invited him to his house for what he assumed would be another conversation between brothers.
Instead, he walked into a meeting that, he said, completely changed his understanding of where things were heading.
“I think Paul called me and said I should come to his house.”
When he arrived, Mr P said he found their elder brother and former manager, Jude Okoye, already waiting. According to him, Jude had documents prepared and immediately asked both brothers to sign them.
“I came, I saw him and Jude. Jude had the documents. He said, ‘Peter, take this. Sign here. Paul, sign here.’”
The request immediately raised questions in Peter’s mind. Rather than signing without reading, he said he stopped and asked what exactly the documents were for. According to Mr P, Jude explained that promoters had already begun reaching out to book P-Square for performances following news of the reunion.
He said the documents were for opening an Access Bank account where payments for the bookings would be received.
“He said it was to open an Access Bank account because people were beginning to call for shows. Hundreds of thousands, hundreds of millions. They needed somewhere to put the money.”
Mr P said he was caught off guard. In his mind, they had only just reconciled as brothers after years of estrangement. There had been no discussion about immediately reviving P-Square as a business, opening new accounts or accepting concert bookings.
Confused, he turned to both Paul and Jude for clarification. According to him, Jude appeared surprised that he was even questioning the arrangement and reportedly asked why he wanted to “go there.” But Peter insisted he deserved an explanation.
“I said, ‘No, Paul. Come on now, Paul.’”
He said he then reminded both men why he had agreed to meet Paul in the first place. For him, accepting Paul’s apology did not mean returning to P-Square. Instead, it simply meant restoring their relationship as brothers.
“We’re back as brothers, bro. I’m done with P-Square. I’m not interested in P-Square anymore.”
Mr P said Paul looked surprised by the response and immediately questioned why he no longer wanted to revive the legendary music group. According to Peter, his answer was straightforward.
“I said, ‘Has any other thing brought problems for us before except P-Square?’”
He explained that, in his view, almost every major disagreement between them over the years had revolved around the business of P-Square. Having finally reached a point where they could speak to each other again, he believed their priority should have been rebuilding trust as family before discussing music, concerts or finances.
Mr P stressed that his refusal was not driven by anger. He said he had already forgiven his brother for everything that had happened in the past. However, forgiveness did not automatically change his position on reviving the group.
“I forgive him, bro. Don’t get me wrong.”
“But I’m not interested.”
According to the singer, Paul continued trying to persuade him to reconsider while Jude also joined the conversation. Mr P recalled repeatedly asking his twin brother to stop pressing the issue because his decision had already been made.
“Paul was trying to convince me. Jude was there. I kept saying, ‘Paul, leave it. Leave it. Leave it. Leave it. I know what I want to do.’”
He said he wanted the reconciliation to remain exactly what he believed it had started as—a chance for two brothers to heal from years of division. For him, rushing straight into business risked reopening the same wounds that had separated them in the first place. Eventually, the discussion came to an end.
According to Mr P, Jude left the meeting, while he also left believing he had made his position unmistakably clear. As far as he was concerned, they had reunited as family, not as P-Square.
But, according to him, that was not the end of the conversation. If anything, it was only the beginning.
By the following day, another meeting had already been arranged, one that would shift the discussion from whether P-Square should return, to who would control it if it did.
Why Mr P Rejected Jude’s Return as Manager
According to Mr P, the discussion resumed the very next day. He claimed that on Saturday, Jude reached out to his manager, Emem, and also invited Paul’s manager for another meeting at Paul’s studio.
Unlike the previous day’s conversation, which centred on reviving P-Square, this meeting focused on how the group would be managed if it returned.
Mr P said everyone gathered at Paul’s studio, where Jude acknowledged that he understood his concerns about repeating the mistakes of the past. According to him, Jude told him:
“Peter, I get your point. You don’t want what happened before to happen again. No problem.”
Mr P said he listened carefully, believing Jude was about to propose a completely different way of running the group. Instead, Jude allegedly suggested creating a management structure that would bring the 3 brothers and their managers who were present together under one team.
“He said he was going to bring these two individuals into the team.”
Confused, Mr P immediately interrupted him.
“I said, ‘To the team? To manage what?’”
He insisted that he was not trying to frustrate anyone’s efforts or reject ideas for the sake of it. Rather, he wanted to understand exactly what they were asking him to agree to.
According to Mr P, Jude then explained the proposed arrangement. He claimed Jude would remain P-Square’s official manager, while Mr P’s manager, Emem, would become the assistant manager. Paul’s manager, Sheu, would serve as the group’s road manager.
Mr P further alleged that Jude even went ahead to explain how much each manager would earn from every performance booked by the reunited group. Rather than convincing him, however, the proposal had the opposite effect.
“I started laughing.”
According to Mr P, his reaction quickly spread across the room. His own manager laughed. Paul’s manager laughed. The atmosphere, he said, suddenly became awkward. Mr P recalled that Paul appeared uncomfortable because he felt Jude was becoming embarrassed.
According to him, Paul quietly called him aside and took him into the living room.
“He called me and said he didn’t like this thing. He said, ‘Look at how you’re embarrassing Jude.’”
Mr P maintained that embarrassing anyone was never his intention. Instead, he believed it was finally time for everyone to speak honestly about the issues that had repeatedly divided the family.
“I said, ‘Paul, what’s embarrassing here? Let’s be honest, bro. Let’s be very honest.’”
According to Mr P, it was during that private conversation that Paul suggested the disagreement might simply be about money.
“He said, ‘Is it because of the sharing formula?’”
Mr P recalled Paul explaining that if the old method of sharing income was the problem, they could change it. According to him, Paul described how financial decisions were previously handled within P-Square.
“He said, ‘The way we share money… if I say I need to pay my children’s school fees, maybe ₦12 million, Jude will sign a cheque for ₦12 million and give me, sign for him and Paul too. If you want to buy a car… take it.”
Paul then allegedly offered what he believed would end the disagreement once and for all. According to Mr P, his twin brother said they could abandon the previous arrangement and simply split everything equally.
“He said, ‘You know one thing? If it’s because of the sharing formula, Peter, I’ll stop all this. Me and you will share everything 50-50.’”
Instead of accepting the offer, Mr P said he asked Paul one question that had been on his mind for years.
“I said, ‘I’ll ask you one question, and I want you to answer me honestly.’”
According to him, he reminded Paul that after P-Square first split, both brothers spent more than five years building separate careers. During that period, Jude never managed Paul’s solo career.
“If you insist that Jude must be our manager again, how come for five and a half years that we were apart, Jude wasn’t your manager?”
Mr P said Paul’s answer immediately caught his attention. According to him, Paul admitted that if Jude managed only him, the arrangement would feel unbalanced.
“He said, ‘Peter, you know if Jude is my manager, it’s going to be like two against one.’”
For Mr P, that statement confirmed a feeling he had carried for years.
“Well, that is exactly what it has been.”
The singer then addressed what he described as a common misconception, that his refusal to work under Jude again meant he hated his elder brother. Mr P insisted his position had never been personal. Instead, he believed business should be separated from family. To make his point, he cited some of the biggest names in the music industry.
“Let’s recall. Beyoncé fired her own father. Usher Raymond fired his own mother. The late Michael Jackson fired his own father.”
He said even P-Square had made a similar decision years earlier.
“We even told our own mother to step aside.”
According to Mr P, changing managers should never be interpreted as hatred or disrespect.
“So what is all this ‘your brother must manage’?”
He then took viewers further back, reminding them that Jude was not the first person to manage P-Square. According to him, the group’s first manager was Chioma Ugoji, who initially managed them as a dance group before becoming P-Square’s manager as their music career grew.
“Chioma Ugoji went from being our dance group manager to P-Square’s manager.”
After that, he said, their late mother briefly managed the group.
Later, veteran talent manager Bayo Odusami, popularly known as Howie T, took over. Mr P credited Howie T with playing a significant role in discovering and developing P-Square before eventually bringing Jude into the picture.
“He managed us for over six years before Jude came in.”
Looking back on those years, Mr P said one thing stood out. According to him, he and Paul rarely experienced the kind of conflicts that later became public.
“Have Peter and Paul ever had any fight before Jude? Because none of them took sides. None of them took sides.”
Despite everything that had been said, Mr P admitted he eventually decided to consider Paul’s repeated appeals. He said he looked at his brother and made one final offer.
“Okay, Paul, you want P-Square back? No problem. Let’s go back upstairs.”
With that, the brothers returned to the room where Jude, Emem and Paul’s manager were waiting. Mr P said he was finally ready to present his own conditions for reviving P-Square, with conditions he believed would prevent history from repeating itself.
Peter’s Proposal and the Birth of Square Root Entertainment
Back in the meeting, Mr P said he decided to stop rejecting ideas and instead present what he believed was a fair structure that could allow P-Square return without repeating the mistakes of the past.
According to him, if everyone truly wanted the group back, then the business had to be built differently.
“So, guys, Paul, you guys want P-Square back? No problem.”
He then laid out his proposal. According to Mr P, the first condition was that he and Paul, not anyone else, would establish a new company to run P-Square’s affairs.
“I and Paul will set up a company.”
He said the second condition was that only the two of them would be signatories to the company.
“I and Paul will be the only signatories.”
Mr P explained that every major financial and administrative decision would rest with both brothers jointly. According to him, neither brother would be able to make decisions without the other.
“I and Paul will take care of every administrative issue when it comes to finance, signatories, everything.”
He also proposed a new revenue-sharing structure. Under his arrangement, Peter and Paul would each receive 40 per cent of the proceeds, while the remaining 20 per cent would be shared among the three managers.
“I and Paul will go with 40-40. The three managers which is now Jude, Sheu and Emem will go with 20 per cent.”
Mr P said Jude immediately rejected the proposal. According to him, Jude said he did not understand why such an arrangement was necessary and added that if those were the terms, he would rather manage the group without taking any payment.
“Jude said he doesn’t understand. He said if that’s the case, he’d rather work for free.”
Mr P said he responded instantly. According to him, he looked around the room and declared the matter settled.
“I said, ‘Gentlemen and lady, Jude now works for free.’”
With that statement, Mr P said the meeting came to an end.
“That’s how I ended that meeting.”
Despite ending the discussion, he claimed the disagreement was far from over. According to him, the atmosphere between him and Paul remained tense over the next few days.
“Within four or five days, me and Paul didn’t see eye to eye after that incident.”
He said circumstances eventually brought them together again when they travelled to Sierra Leone for performances.
According to Mr P, one show had originally been booked for him as a solo artiste, while another had been booked separately for Paul the following day. After their reconciliation, however, they decided to appear together.
“There was a show that was booked for Mr P today in Sierra Leone and the next day for Paul. We finally called it and we were coming together.”
Mr P said the trip gave both brothers another opportunity to revisit the conversation away from the tension of the earlier meetings.
When they returned from Sierra Leone, Paul raised the issue once more. According to Mr P, Paul asked him whether there was absolutely no role for Jude in the new arrangement.
“So, there’s nothing… nothing for Jude?”
Mr P insisted that his position had not changed. According to him, the issue was no longer about Jude personally. Instead, he still believed they were moving too quickly.
“I said, ‘It’s not about Jude. I’m not even doing P-Square.’”
Rather than rushing into concerts and contracts, Mr P said he wanted them to first experience what it felt like to simply be brothers again.
“Can we live life as brothers first?”
He said years of disagreements had damaged their relationship, and he wanted time for genuine healing before introducing business into the equation.
“Let me even experience it. Let me experience living as brothers first.”
According to him, the atmosphere around them still felt unhealthy.
“No. Everything… it looks like there’s competition running around everybody. I don’t like it.”
Mr P said Paul eventually agreed to abandon the idea of bringing Jude into the new arrangement and accepted the alternative proposal. According to him, Paul said they should simply establish their own company and move forward together.
“He said, ‘No problem. I’ll take your second option.’”
Mr P asked what exactly Paul meant.
“I said, ‘Which is my second option?’”
According to him, Paul replied that the two of them should set up their own company and continue without Jude’s involvement.
“Me and you should set up your company…”
Mr P said he accepted. According to him, lawyers were immediately instructed to prepare the legal documents. He said formal documents were drafted setting out exactly how the new company would operate.
According to Mr P, every major decision would require the approval of both brothers. The ownership structure would be equal. The signing powers would be equal. Financial decisions would be equal. Sharing of revenue would also remain equal.
“Everything… Peter and Paul 50-50. Every decision 50-50. Sharing formula 50-50.”
Mr P said both brothers eventually signed the agreement. According to him, that agreement led to the creation of a new company called Square Root Entertainment, which would oversee the reunited P-Square.
With the paperwork completed, the reunion finally moved beyond discussions. Mr P said the group resumed operations. They began accepting bookings. They started performing together again. And what fans celebrated as the return of P-Square officially began.
“We started. We started doing shows. We started the P-Square reunion.”
However, according to Mr P, while the public celebrated the comeback, another issue was quietly unfolding behind the scenes. He claimed he soon overheard information that completely changed the way he viewed the reunion and led him to question why Paul had sought reconciliation in the first place.
The Revelation That Changed Peter’s View of the Reunion
According to Mr P, just as P-Square resumed performing together and fans celebrated what appeared to be a successful reunion, he began hearing information that made him question everything that had happened in the days leading up to their reconciliation.
While preparations for reunion shows were underway, he said he overheard something that he described as deeply disturbing.
“While we were planning the P-Square reunion, I overheard something that was very disturbing.”
The singer said the information related to the night Paul came to his house to apologise to his wife, Lola, before the brothers reconciled. By then, Peter said, he already knew Paul and Jude had been having disagreements behind the scenes because the brothers were neighbours.
Still, rather than confront anyone immediately, he decided to quietly find out what had really happened. According to him, his first instinct was to ignore the rumours.
“I wanted, first of all, to play ignorant. Like… no need.”
However, he claimed that several people from Paul’s camp independently confirmed the same story.
“But three or should I say four individuals from Paul’s camp confirmed it.”
According to Mr P, they told him that Paul and Jude had been involved in a serious argument just minutes, or at most a few hours, before Paul arrived at Peter’s residence to seek reconciliation.
“They confirmed that Paul and Jude actually had a fight minutes or hours before Paul came to my house to meet my wife.”
Mr P then shared what he said he was told about the disagreement. According to him, Paul had approached Jude demanding the return of ₦90 million, which he claimed Jude owed him.
At the same time, Peter alleged that Paul wanted Jude to lend him another ₦90 million because he was trying to buy a property in Lekki.
According to Mr P, Paul did not have enough money to complete the purchase and wanted to use the money as part of the deposit.
“He wanted Jude to give the money back to him, but this time he wanted Jude to borrow him another ₦90 million because there was a property he wanted to buy somewhere in Lekki.”
Mr P claimed the request led to a heated confrontation. According to him, members of Paul’s team were present because Paul had already informed them that Jude was owing him ₦90 million. When the issue came up, Jude allegedly challenged Paul to prove the claim.
“Paul approached Jude and said, ‘I need my ₦90 million.’ Jude replied, ‘Which ₦90 million? The one I gave you? How did I borrow ₦90 million from you?’”
Mr P said those present expected Paul to provide evidence.
“Everybody around were looking at Paul. They said, ‘Okay, you’ve told us that Jude was owing you ₦90 million. Show us now.’”
According to him, Paul was unable to produce any transaction showing that Jude owed him the money. Instead, Mr P alleged that Jude took out his phone and showed everyone bank records.
“Jude brought out his phone and showed Paul’s team. He said, ‘Guys, look. Three months ago… see the hundreds of thousands of dollars in my account. Show me where he gave me ₦90 million.’”
Mr P claimed the atmosphere changed immediately. According to him, instead of insisting that Jude owed him money, Paul allegedly made a statement that Peter said revealed there was a much bigger issue.
“What came out of Paul’s mouth was, ‘Jude, you know say you no give me this ₦90 million. No worry, I go go tell Peter wetin dey.’”
Mr P paused during his narration to explain why those words stood out to him. According to him, he interpreted Paul’s statement as an indication that he intended to confess something to him.
“I’m sure most of you don’t understand what that means.”
“It means, ‘I will go and confess to Peter.’ Obviously, there’s something going on.”
Mr P stressed that he was not present during the alleged confrontation. Rather, he said he reconstructed what happened after speaking with people who, according to him, witnessed the incident. Despite what he had been told, he said he deliberately chose not to react.
Instead, he continued acting as though nothing had happened. At first, Peter said he tried to convince himself that whatever disagreement had occurred between Paul and Jude might simply have developed after P-Square had already split.
“I still played along and I stayed calm.”
“I believed that if whatever had happened happened after we broke up, it’s acceptable.”
However, he said the more information he gathered, the more convinced he became that the problems between Paul and Jude had existed long before the public reunion.
“But no. These things had been happening.”
Mr P insisted he would eventually present what he believed was evidence to support his position.
“I’m about to prove it to everyone.”
According to him, after the ₦90 million argument with Jude ended, Paul became emotional. Mr P alleged that Paul left Jude’s house, went into his room, changed into slippers, washed his face because he had been crying and then instructed his personal assistant and manager to accompany him to Peter’s house.
According to Peter, those around Paul reminded him that Peter was still in Atlanta. Paul allegedly replied that if Peter was unavailable, he would meet Peter’s wife instead.
“He said, ‘No problem. Na Lola I wan go meet.’”
Mr P said that was how Paul eventually arrived at his house in the early hours of the morning to apologise to Lola and seek reconciliation.
For Peter, that sequence of events completely changed the way he interpreted the celebrated 2021 reunion. He maintained that the reunion did not begin because both brothers independently decided to settle their differences. Instead, he claimed Paul only reached out after his relationship with Jude broke down.
“So, the whole reunion was because he had a fallout with Jude.”
According to Mr P, he initially kept that conclusion to himself and allowed the reunion to continue.
However, he said it was not long before another issue, this time involving P-Square’s music catalogue and business affairs, gave him even more reasons to question what was happening behind the scenes.
How Questions Over P-Square’s Catalogue Raised Fresh Suspicions
Although Mr P said he kept his concerns about the reunion to himself, he claimed another issue soon emerged this time involving the business side of P-Square.
According to him, after the reunion was announced, the group resumed touring and discussions also began about the distribution of P-Square’s music.
Mr P explained that, as a solo artiste, he already had a music distribution arrangement with a company he trusted. Because of that experience, he believed the reunited P-Square should simply work with the same distributor.
“I discovered that for distribution, as Mr P, I had sent everything to them.”
According to him, he proposed that the company should also handle P-Square’s catalogue.
“I said, ‘Let’s give them P-Square.’”
Mr P claimed both Jude and Paul immediately rejected the suggestion.
“Jude refused. Paul refused.”
According to him, he found Paul’s position particularly surprising because Paul had previously spoken highly of the same people.
“This was Paul who bragged about these individuals.”
Peter alleged that, despite Paul’s earlier praise for the company, they were suddenly unwilling to allow the same people manage P-Square’s distribution. While that disagreement was still unresolved, Mr P said another opportunity soon presented itself.
According to him, during one of P-Square’s reunion tours, several investors and companies approached him with offers to acquire the group’s music catalogue. He claimed the proposed deals were worth millions of dollars.
“Some people wanted to buy the P-Square catalogue.”
“They walked up to me.”
“I said, ‘No problem. I’ll discuss it with my brothers.’”
According to Mr P, the interested companies presented two different options. One option was to license the catalogue for 10 years before returning ownership to P-Square. The second option was to purchase the catalogue permanently.
“They offered millions of dollars. They could buy it for 10 years and after 10 years it returns to us, or buy it outright for life.”
Mr P said he discussed the offers with Paul while they were together in London during the reunion tour.
“Me and Paul had a discussion in London because we were touring. Remember, Jude was not with us.”
When they returned, he said he presented the offers to both Paul and Jude. According to Mr P, Jude responded that another interested party was already willing to pay for the catalogue. However, Peter claimed the amount being discussed was significantly lower than the offers he had received.
“He said they had some people that were ready to pay.”
“He told me the amount, but it was less.”
Mr P said he immediately argued that they should pursue the higher offer instead.
“I said, ‘No. These guys are offering more.’”
According to him, the only information the interested companies needed before completing the transaction was the catalogue’s financial performance.
“All they wanted from us was the backend—how much this thing generates every month.”
Mr P said he did not have access to those records because Jude controlled them. According to him, he repeatedly asked Jude to provide the backend information. However, Peter claimed Jude refused and he could not understand why.
“I asked Jude.”
“He said it wasn’t possible.”
“If these other people are better, no problem. Whatever you gave the other people, give it to me so I can give it to these people.”
He insisted that his only concern was ensuring P-Square accepted the highest offer available for its catalogue. Unable to make progress, Mr P said he turned to Paul for help.
“I walked up to Paul and said, ‘Why is it that Jude doesn’t want to give me this backend?’”
According to him, Paul’s response was that he had no knowledge of the business side of the negotiations.
“He said, ‘I don’t know. I don’t know anything about this. It’s just the music for me. I don’t know about all these things.’”
Mr P said he accepted Paul’s response at the time but quietly remained suspicious.
“I said, ‘Really, Paul? No problem.’
I played ignorance.”
Rather than argue, he said he once again chose to remain silent. As discussions continued, Mr P said both managers—his own manager and Paul’s manager, who had now become managers for the reunited P-Square suggested widening the search.
According to him, they recommended approaching major international music companies to determine the true value of the catalogue.
“They said, ‘Do we need to take it to other companies like Universal and Sony to know how serious they are?’”
Mr P said he agreed. The proposal was then sent to several companies informing them that P-Square intended to sell or licence its catalogue.
“They went to submit the whole proposal that P-Square wants to sell that catalogue.”
According to him, every interested company came back with exactly the same request.
“The next thing, everyone demanded the backend.”
Mr P said he again persuaded Jude to release the required financial information. This time, according to him, Jude agreed but said producing the records would take three and a half months. Peter said the explanation immediately raised questions.
“He announced it was going to take three and a half months.”
“I said, if I ask you for your statement of account, within two minutes with your app you can bring it. He’s telling me three and a half months.”
Even so, he said he chose not to argue. Instead, he waited. When the three-and-a-half months eventually passed, he approached Jude again. According to him, nothing had changed. Frustrated, Peter said he once more sought Paul’s intervention. According to him, Paul repeated what he had said previously.
“He kept on doing like this.”
“I walked up to Paul. ‘Paul, what is going on?’”
“‘Peter, don’t tell me. I don’t know anything about this. This whole thing you’re talking about, I don’t know anything about it.’”
Mr P claimed Paul eventually persuaded Jude to release something and asked him to send his email address.
“He persuaded Jude and said I should send him my email.”
According to Peter, the documents eventually arrived. However, what he received was not what the interested companies had requested.
“I looked at it.”
“What he sent me was how many streams but without how much it generates.”
Mr P explained that while the document showed streaming numbers, it did not include the actual revenue generated from those streams. He said he nevertheless forwarded the material to both managers so they could continue discussions with prospective buyers. According to him, that was when the negotiations took an unexpected turn. The managers sent the information to the interested companies. Instead of confirming their earlier offers, the companies allegedly returned with dramatically reduced valuations.
“The two managers sent the backend out.”“People that had offered huge amounts on the same catalogue came back with unbelievably lower offers.”
To explain what he meant, Mr P used a simple analogy.
“It’s like someone offering to buy a product for ₦500. After seeing the backend of the product, they now offer ₦10.”
He said he was left wondering what could have caused such a drastic change. According to Mr P, one of the interested parties later contacted him directly. The person, he claimed, asked who had supplied the financial records.
“He said, ‘Bro, who sent this to you?’”
Mr P recalled asking why.
“I said, ‘Why?’”
According to him, the response shocked him. The prospective buyer allegedly said that whoever supplied the information or even the distribution company responsible for it should be investigated because something appeared to be seriously wrong.
“‘Whoever sent this thing to you, or if it was the distribution company, they should be arrested.’”
Mr P said he explained that the documents had come from his own brother.
“I told him it was my brother that sent it to me.”
According to Peter, the person’s response only deepened his concerns, as he allegedly questioned whether his brother even realised what had gone wrong with the financial records. That conversation, Mr P said, convinced him that he could no longer rely on explanations from others. If he wanted answers, he would have to verify P-Square’s financial records himself. It was that decision, he said, that led him to seek access to Northside Entertainment’s bank accounts.
Why Mr P Demanded Access to Northside Entertainment’s Bank Records
According to Mr P, the feedback he received from the prospective buyers left him deeply troubled.
He said he could not understand why companies that had initially offered millions of dollars for the P-Square catalogue suddenly reduced their offers after reviewing the financial information that had been provided to them. The experience, he said, convinced him that the only way to understand what was happening was to examine the records himself.
Mr P said he then turned his attention to Northside Entertainment, the management company that had handled P-Square’s business affairs for years. According to him, the company belonged to the three brothers.
“We have a management company called Northside Entertainment.”
He explained that the company’s directors were himself, Paul and Jude Okoye.
“The directors are Peter, Paul and Jude.”
Mr P also explained how the management company generated income. According to him, whenever P-Square secured a performance, Northside Entertainment earned a management commission before the artistes received their own share. He used a hypothetical example to explain the arrangement.
“If you pay P-Square ₦100 million, management takes 10 per cent.”
According to Mr P, that meant ₦10 million would first go to the management company, while the artistes would receive the remaining ₦90 million. He added that because Peter and Paul managed themselves as the artistes, the management commission was also shared among those involved in the company.
“The manager can even go with ₦4 million, while Peter and Paul go with ₦3 million each.”
He stressed that the artistes’ payment remained separate from the management commission.
“The same ₦90 million still remains for the artistes.”
Believing he had every right as one of the company’s directors as a 30% shareholder to examine its finances, Mr P said he decided to request the official bank statements himself. According to him, he contacted account officers responsible for Northside Entertainment’s accounts across three different banks.
“I contacted all the account officers of Northside Entertainment.”
He named the banks as Zenith Bank, Ecobank and FCMB.
“Zenith, Ecobank and FCMB.”
Mr P said he reached out on a Friday evening at about 5:30 p.m., after banking hours had ended. Even so, he said the account officers agreed to send him the statements once they resumed work.
“It was about Friday. It was 5:30. Banks are closed by then.”
“I told them to send me a statement of account. All of them agreed.”
However, according to him, everything changed when he followed up after the weekend. Mr P claimed that none of the account officers answered his calls. He said he continued calling one of them until the official eventually answered.
“By Monday, I was calling all of them. None of them were picking my phone calls. I got one frustrated. I kept on calling him.”
According to Mr P, the account officer then revealed why the documents had not been sent.
“He said that Jude laid an instruction.”
The alleged instruction, according to Peter, was simple.
“They should not send it to me.”
Mr P said he was shocked by what he had just been told. According to him, he immediately went to Paul and explained what had happened.
He reminded his twin brother that they were both directors and shareholders in Northside Entertainment and therefore should both have access to the company’s financial records.
“I said, ‘Paul, I demanded for P-Square management’s statement. Me and you are shareholders. But the information I got was that Jude said they should not send it to me.’”
According to Mr P, Paul appeared surprised by the allegation. Mr P said Paul also suggested there might be another explanation for why Jude allegedly blocked access to the accounts.
“‘Maybe Jude dey use the account to do other things. Maybe that’s why.’”
According to Peter, the suggestion only left him more confused.
“I said, ‘I don’t understand. I don’t understand, Paul.’”
Mr P claimed that, once again, Paul distanced himself from the financial side of P-Square’s business. According to him, Paul insisted he knew nothing about the management accounts or how they were being handled. For Mr P, that response confirmed that something was not right.
“I knew something was wrong.”
It was at that point, according to the singer, that his concerns shifted beyond disagreements over music, management or the reunion itself. He said he had now begun questioning the financial records and governance of the company that managed one of Africa’s biggest music groups.
Mr P maintained that those discoveries would eventually lead to even more questions about what had happened behind the scenes during P-Square’s years together.
He ended the clip, promising a part 3 of what led to the ongoing feud.
